“The main driver behind most of the changes was strengthening customer protections and enhancing [retail] choice in the state, mandated by the legislature; and, of course, the suppliers wanted reform in the rules that would facilitate suppliers/brokers coming into this jurisdiction,” PSC spokesperson Heather Contant told the local news outlet.

Among the changes to be announced are the following:

New supplier applications will require both a Certificate of Good Standing and a Delaware Business License;

Contracts with variable rates will be limited to monthly price changes;

Introductory price offerings will be limited to three (3) months and clearly stated in the contract and contract summary;

Having financial guarantees submitted by a Parent Company of an applicant have been eliminated as a security option;

Broker bonding requirements must ensure agents work according to state regulations will be evaluated on a case-by-case basis;

Products that encourage renewable energy development/generation and any environmental benefits of such generation that cannot be delivered to the [regional transmission organization] PJM Interconnection will require a commission waiver;

Customers will be able to switch suppliers in three (3) business days;

Suppliers can disclose a customer’s billing, payment, and credit information for the purpose of facilitating billing, bill collection, and credit reporting;

Customers will have three (3) business days to rescind a contractual supply agreement; and

Customers wishing to withhold their Delmarva Power account information from suppliers will have to renew their opt-out every three years.